Which of the following is a key eligibility criterion

Solution

The ARISE project funding product is aimed at supporting businesses for: • Purchase of land, construction of factory buildings, • Acquisition of machinery, or • Modernization and technology upgradation. To be eligible, businesses must meet certain requirements: • Have been in operation for at least two years, • Maintain audited accounts, • Show cash profits in the latest audited financial results, and • Have no defaults to banks or financial institutions. Funding is available up to ₹50 crores, capped at 80% of the project cost, with a repayment period of up to 7 yearsincluding a 2-year moratorium.